Altus Group has acquired Valos, a UK-based platform that automates the property valuation and lending workflow for commercial real estate, the Toronto-listed real estate intelligence firm announced Aug. 6. Financial terms of the deal were not disclosed.
Valos, founded in 2020 by CEO Alex Kountourides, connects valuation firms and mortgage lenders on a single platform that covers the entire valuation process, from a lender’s initial instruction through final report delivery. The platform incorporates lender-specific requirements directly into valuer templates and generates RICS-compliant, audit-ready instruction records — addressing a workflow that has traditionally involved manual coordination between valuers and lenders across separate systems. Altus said the platform is used by more than 20% of UK valuers and has been validated by leading UK mortgage lenders, with adopters seeing reduced report turnaround times and improved accuracy and compliance.
An AI-native addition to Altus’s valuation business
“Valos is a strong fit for Altus, expanding our capabilities in the valuation and lending workflow with AI-native technology that improves speed, accuracy and confidence in decision-making,” said Mike Gordon, Altus Group’s CEO and chair. “Together, we can help clients collaborate more seamlessly, strengthen compliance and risk management, and build a richer, more connected data foundation for the CRE industry.” Kountourides called joining Altus “a pivotal moment for Valos,” pointing to the two companies’ overlapping client base.
Altus is best known in commercial real estate circles for ARGUS, its widely used valuation and performance-analytics software. The company has positioned its broader AI strategy around reducing friction and supporting decisions rather than replacing valuers’ judgment — using AI to surface better information faster while leaving high-value analysis to human experts.
Part of a broader valuation-consolidation wave
The Valos deal comes as Altus also recently sold its development advisory business to Newmark, and as Newmark has separately been on its own acquisition spree of European valuation firms, including a German valuation firm deal announced just one day before the Altus-Valos news. The overlapping activity suggests valuation and appraisal technology has become an active consolidation target across the commercial real estate services industry, as firms compete to build AI-enabled data and workflow platforms rather than relying on manual, spreadsheet-driven valuation processes.
What it means: Altus did not disclose what it paid for Valos or how the platform will be integrated with ARGUS, so the near-term financial impact is not yet quantifiable. The strategic rationale — adding a UK-specific valuer-lender workflow tool with meaningful existing market penetration — fits a broader pattern of established proptech vendors acquiring smaller, AI-native point solutions rather than building similar capabilities from scratch.
